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Best & Worst of 2007: Final results

BloggingStocks readers and AOL Money & Finance visitors have spoken, and below are the Best & Worst of 2007. (See the individual posts for full results.)

Company of the Year: Google, internet search provider turned diversified services giant, received 51% of the vote, beating such strong contenders as Apple and Coca-Cola.

Hottest Gadget of the Year: After all the hoopla surrounding the launch of the iPhone, it's no big surprise that it tops this category, with 47% of the vote, besting second place finisher the Nintendo Wii.

Dumbest Celebrity Feud: Rosie O'Donnell's squabbles with Donald Trump (and also with Elizabeth Hasselbeck) garnered 66% of the vote, easily beating out the back-and-forth between Britney Spears and her ex, Kevin Federline.

Hottest Car of the Year: The Cadillac CTS led with 43% of the vote, easily beating the BMW M3 and others in this category.

Dumbest Moment in Business: JetBlue's stranding of passengers on a cramped, grounded airliner for hours netted 51% of the vote.

Continue reading Best & Worst of 2007: Final results

Best & Worst of 2007: Early voting results

We recently took a look at the Best & Worst of 2007 in sixteen categories and asked you to vote for your favorites, as well as sharing the reasons for your picks and any other contenders we may have overlooked. And voting is off to a strong start, with more than 100,000 votes in each category so far.

Some categories have shaped up to be close races. Chuck Prince, Bill Ford, and Bob Nardelli each have a little less than a third of the vote for Best CEO Departure of the Year. Britney Spears and Michael Vick are neck and neck as the Celebrity Most Likely to Lose It All, while Lindsey Lohan's relatively low profile recently has garnered her just 6 percent of that vote. In the Most Shameless Attempt at Cashing in on '15 Minutes', Sanjaya Malakar has a slim lead over Howard K. Stern/Larry Birkhead, but poor Chris "Leave Britney Alone!" Crocker has gotten no respect with a mere 6 percent of the vote. McDonald's has a small lead as the Hottest Chain Restaurant, thought Chipotle isn't far behind with more than a quarter of the vote. And while the iPhone has the lead now as the Hottest Gadget of the Year, it and the Nintendo Wii have been trading places as the front runner.

Continue reading Best & Worst of 2007: Early voting results

Best & Worst of 2007: Most annoying money personality

This post was part of AOL Money & Finance's Best & Worst of 2007. Voting has now closed and readers have chosen Martha Stewart as the most annoying money personality of the year. Let us know in the comments if you are pleased with this result.

In last year's Best & Worst in Money awards, Donald Trump was the easy victor in the Most Annoying Money Expert category, securing 44% of the votes, more than twice as much as Suze Orman, Jim Cramer, or Mark Cuban. Trump won by such a landslide that this year we decided to take him out of the running, giving some new personalities a shot at the prize.

So, let's take a look at the contestants for this year's Donald Trump Honorary Most Annoying Money Personality contest:

Maria Bartiromo, CNBC's famed "Money Honey," isn't looking so sweet and spunky these days. She now seems a touch vampish as the apparent centerpiece in a Citigroup scandal that led to the ouster of exec Todd Thomson. Thomson might have earned the CEO spot recently vacated by Chuck Prince if he hadn't offered Bartiromo a spot on a Citi jet to fly to Asia to speak to customers.

Maria's journalistic ethics were called into question for accepting the junket, but CNBC, which nets plenty of advertising from Citi, glossed over the scandal. Criticism of Maria, however, helped raise the profile of CNBC's new sweetheart, Erin Burnett. In September, AOL's Money Face-Off found them virtually neck-and-neck among voters.

Continue reading Best & Worst of 2007: Most annoying money personality

Money Face-Off Big Winners: Oprah, Tiger Woods, Ivanka Trump, Erin Burnett

It's been three weeks since our Money Face-Off feature ran here at BloggingStocks and on AOL, offering you the opportunity to share who you though had the financial edge in a series of twenty head-to-head match-ups. So I thought I'd take another look and see how things have worked out.

It's hard to pick just one big winner. In terms of the largest lead over a rival, Ivanka Trump easily beats Paris Hilton with 89% of the vote. Others holding big leads over their opponents include Tiger Woods, Warren Buffett, Steven Spielberg, and Rupert Murdoch.

In terms of receiving the most votes, the clear leader is the Oprah Winfrey vs. Martha Stewart match-up, with just short of 150,000 votes. Other big vote getters were Tiger Woods vs. David Beckham, Rudy Giuliani vs. Michael Bloomberg, and Bill Gates vs. Steve Jobs. In terms of the liveliest discussions in the comments, the winners are Oprah Winfrey vs. Martha Stewart, Erin Burnett vs. Maria Bartiromo, and Bono vs. Angelina Jolie. Also check out the comments for the J.K. Rowling vs. J.R.R Tolkien, Tiger Woods vs. David Beckham, and Ivanka Trump vs. Paris Hilton posts.

As for the face-off posts here that got the most attention, the clear winner is Erin Burnett vs. Maria Bartiromo, with more than 13,000 hits. Lindsay Lohan vs. Britney Spears and Oprah Winfrey vs. Martha Stewart also attracted lots of readers.

Results for all the face-offs follow below, but keep in mind that the voting is still open. It's not too late to add your vote or let us know what you think.

Continue reading Money Face-Off Big Winners: Oprah, Tiger Woods, Ivanka Trump, Erin Burnett

Money Face-Off recap: Oprah and Tiger and Buffett, oh my!

It's been a week since our Money Face-Off posts ran here on BloggingStocks, and less than that since the Money Face-Offs were featured on the AOL welcome page, and the response has been terrific. Many of the face-off polls have had more than 50,000 votes, a couple of them approaching 100,000.

The biggest response came to the Oprah Winfrey vs. Martha Stewart match-up. So far, about 75 percent of respondents feel that Oprah is the more successful media magnate. Not that much surprise there, as Oprah's fans are legion. Interestingly, though, of the twenty-some comments the post has received, most of them are pro-Martha.

Another clear leader is Bill Gates over rival Steve Jobs. About three quarters of poll votes have gone his way, despite all the buzz recently about Apple Inc. (NASDAQ: AAPL) and the popularity of its products. Maybe readers are just happy that Gates is stepping down. Let us know what you think.

Alan Greenspan seems to be everywhere these days, promoting his new book, including Comedy Central's The Daily Show and NPR's Fresh Air. In our match-up of the current and former Fed chairs, Ben Bernanke vs. Alan Greenspan, more than 70 percent of respondents have voted for Greenspan. Comments to the post are mixed, but seem to me to focus on Greenspan, whether pro or con.

Continue reading Money Face-Off recap: Oprah and Tiger and Buffett, oh my!

Will Martha Stewart's new wine be a 'good thing?'

She's done cookware, linens, a magazine ... time ... but Martha Stewart, domestic goddess, is now foraying into the world of adult beverages. Early next year, wine connoisseurs willing to plop down $15 a pop will be able to ease open a bottle of what's currently being called Martha Stewart Vintage. The vintage, produced and distributed by E&J Gallo Winery, will use grapes grown primarily in Sonoma County, California, and will come in three varietals -- chardonnay, cabernet sauvignon, and merlot. Still on the drawing board is a possible rose version.

In its first year, the Martha Stewart Vintage will be in limited release, with just 15,000 cases being shipped to a small number of cities. Boston, Phoenix, Charlotte, and other cities where Ms. Stewart is especially popular will be among the locations lucky enough to stock the new wine.

While time will tell how successful this new vintage will be, Ms. Stewart is definitely hopping aboard the vino bandwagon at the right time. The availability of low-priced wine such as Charles Shaw (aka "Two Buck Chuck") has cultivated interest in the wine business in general, introducing the practice of wine appreciation to a broader demographic. While the $15 Martha Stewart Vintage doesn't exactly cater to the Two-Buck-Chuck crowd, it may benefit from the expected volume growth rate of 11% over the next 5 years.

But Martha's massive empire overall may not see a noticeable benefit from this new undertaking, no matter how successful. The wine venture is not expected to have a material impact on the fortunes of Martha Stewart Living Omnimedia's (NYSE: MSO).

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

Money Face-Off: Oprah Winfrey vs. Martha Stewart

This post is part of our Money Face-Offs feature. Let us know who you think comes out ahead in this head-to-head match-up, and check out our other Money Face-Off posts.

Celebrities -- they're more than superior human beings, they're money-making machines. If these celebrities were stocks, which would be the shrewd buy?

One sure sign of celebrity is first-name recognition, and today's contestants have certainly reached that pinnacle. Oprah and Martha are brands known worldwide, Oprah for compassion and wisdom, Martha for style and elegance.

Martha Stewart's brand is still tainted by her 2004 insider trading conviction and her stretch in Camp Cupcake. Before then, her growth from model and stockbroker to America's favorite lifestyle celebrity was impressive. After authoring the bestselling book Entertaining in 1979, she transitioned to television with her hit show Martha Stewart Living, for which she gathered several Emmys. In 1987, she inked a lucrative deal with déclassé retailer Kmart as a lifestyle consultant, to help it break into higher price-point retailing. In 1990, with Time Warner (NYSE:TWX) she launched Martha Stewart Living Magazine. The zenith of her career came in 1997 when she took herself public. The IPO for Martha Stewart Living Omnimedia (NYSE: MSO) made her a billionaire.

Continue reading Money Face-Off: Oprah Winfrey vs. Martha Stewart

Macy's (M) hooks up with Trump, Martha, and others

After reporting a disappointing decline in second-quarter earnings and sales last week, Macy's (NYSE: M) is pulling out the big guns. Donald Trump and Martha Stewart are just two among a coterie of celebrities being employed in the department-store company's $100 million advertising blitz.

New television spots for Macy's - one of which will debut on September's Emmy-Award broadcast - will also feature R&B singer Usher, Tim Gunn from Project Runway, chef Emeril Lagasse, and hip-hop mogul Sean "Puff Daddy" "P. Diddy" "Diddy" Combs.

Also on the roster as a celebrity endorser for the Cincinnati-based retailer is Jessica Simpson. Seems like a bit of a slap in the face to hometown boy (and erstwhile Simpson paramour) Nick Lachey.

Stewart, figurehead of Martha Stewart Living Omnimedia (NYSE: MSO), also is working with Macy's on an exclusive line of Stewart-branded home products, which will launch this fall only in Macy's stores.

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

Newspaper wrap-up: Bear Stearns to fire top trader

MAJOR PAPERS:
  • According to the Wall Street Journal, citing a person familiar with the matter, Bear Stearns Companies Inc (NYSE: BSC) plans to give its top trader, Warren Spector, the ax.
  • The Wall Street Journal reported that Kroger (NYSE: KR) announced last week that it would stop selling milk that carried synthetic hormones that are made by Monsanto Company (NYSE: MON), despite the FDA saying the hormones are safe.
  • A group of financial experts predicted that the U.S. will enter a recession soon, due to inflation, the economic prescriptions of a Democratic president, and the housing market meltdown, reported Barron's Magazine.
OTHER PAPERS:

Newspaper wrap-up 8-2-07: Martha Stewart making acquisitions

MAJOR PAPERS:
  • Paul Tudor Jones runs some of the best managed hedge funds anywhere, averaging over a 24% annual return over the last 20 years, but last month they reported heavy losses, according to the Wall Street Journal.
  • The Wall Street Journal reported that Google Inc (NASDAQ: GOOG) is speaking with wireless operators , such as T-Mobile USA and Verizon Wireless, as well as phone manufacturers about carrying their products.
  • The Financial Industry Regulatory Authority is expected to fine Morgan Stanley (NYSE: MS) a total of $6.1M for alleged overcharging of customers on bond sales totaling $59M, reported the Wall Street Journal.
  • Barron's "Inside Scoop" section reported that Andrew J. McKelvey, who stepped down as Monster Worldwide Inc's (NASDAQ: MNST) chairman and CEO last October, has sold 1.27M shares for $48.6M on the open market since Friday, according to SEC data.
OTHER PAPERS:
  • Martha Stewart Living Omnimedia (NYSE: MSO) is reportedly joining with private-equity partner GTCR Golder Rauner to buy food-crafting company Wilton Industries and paint-by-number specialist Dimension Holdings, reported the New York Post.
WEBSITES:
  • According to DigiTimes.com, Taiwan component suppliers for the iPhone have said they are not seeing any reduction in orders from Apple Inc (NASDAQ: AAPL).

Dow Jones says yes to Murdoch; pressure mounts on other media companies

Dow Jones & Co. (NYSE: DJ) expects to reach an agreement to sell itself to Rupert Murdoch's News Corp. (NYSE: NWS), ending a months-long soap opera that's tried the patience of media nerds like myself, according to CNBC's David Faber. No word on the final terms.

Looks like all of the chest pounding and teeth gnashing by Murdoch's many detractors, including members of the Bancroft family which owns Dow Jones, failed to stop the Australian media mogul just as I expected. The Bancrofts had no other choice. Saying "yes" to Murdoch, was much more lucrative and less potentially litigious than saying "no." There is no doubt that minority shareholders would have sued the Bancrofts for turning down Murdoch's $5 billion offer since the stock would have beeen sent into a tailspin from which it would never recover.

Worries about Murdoch are justified. You can expect the complaints about the tycoon's meddling in the Journal's editorial practices to surface in about six months to a year, perhaps sooner. It will be subtle and difficult for most readers to notice but it will happen. Though many Dow Jones journalists are cringing at the thought of working for Murdoch, they have little choice but to put up with him. Dow Jones pays well in an industry famous for paying poorly. Plus, most media companies aren't doing much hiring because of the current business conditions.

Since Dow Jones appears to have gotten a ridiculously high price for its company, Wall Street will wonder why small media companies such as the New York Times Co. (NYSE: NYT), E.W. Scripps Co. (NYSE: SSP), Martha Stewart Living Omnimedia Inc. (NYSE: MSO) and Gannett Co. (NYSE: GCI) can't do the same.

They better come up with an answer quickly.

Martha Stewart comes to rescue the home industry

Home builders are in trouble. Wall Street just has to look at stock prices for Hovnanian (NYSE: HOV) and Beazer (NYSE: BZH) to see that they and their peers have lost half of their value in a year.

But, builder KB Home (NYSE: KBH) has a bit of a secret weapon. Its homes, designed in part by Martha Stewart, are still selling relatively well. The Stewart homes are only 5% of KB's sales, but as The Wall Street Journal points out [subscription required]: "From March through June 15, the two Martha Stewart developments alone drew 42% of the people who visited KB's 22 subdivisions in the Atlanta metro area."

Some buyers, it seems, want the homes because they believe that Stewart signifies "class". Others think the homes will have better resale values.

The venture may offer a bright spot of the entire industry. Nothing will get home sales back on track except a major upturn in the market. But, the idea of home builders selling new inventory in celebrity partnerships may have a future.

The Elvis Presley model may be on the market sooner than people think.

Douglas A. McIntyre is a partner at 24/7 Wall St.

Martha Stewart might need a couple good advisors

I have to wonder if Martha Stewart asks for anyone's opinion before she attempts some of the moves that she does. I wanted to write a simple post regarding her settlement with shareholders stemming from her ImClone stock shares debacle but then I ran into this other interesting stuff. Now, CBS News reports that Martha Stewart has upset the native American community where she lives by filing an application to trademark a name they revere so she may use it for her own commercial purposes.

Martha would like to trademark the name "Katonah." It's the name of the village where she lives and it was the name of a 17th century Ramapough Lenape Indian Nation tribal chief. Representatives of the tribe find Martha's trademark application offensive and stand in strong opposition to the move. Ms. Stewart explains that she wishes to honor the name by using it in conjunction with a line of home furnishings and interior paint. The tribe however refuses to surrender the name to commercial status. "We welcomed her when she came, but we're frustrated and confused that she would try to exploit the town in this way," said local newspaper editor R.J. Marx in February, when his paper first broke the story.

I'm hoping that Martha will just let this thing die easy. After all, for her it's just a name. For the tribe and for the native American community at large it represents a tangible piece of heritage and I can fully understand why they stand against it being used for profit generation. Perhaps the Wisconsin tribal communities will get the idea from this situation and remove all the native American names from their casinos, but I'm thinking they probably won't.

Martha Stewart: Top money mess? More like a media feeding frenzy

MSN's Tim Middleton did a nice job recapping nine of the top ten money messes of the new Millenium: Enron, Arthur Andersen, Worldcom, Tyco, Adelphia, Henry Blodget etc., mutual fund market timing, Freddie and Fannie, and Parmalat. But his tenth pick puzzled me: Martha Stewart's $240,000 profit on insider trading of ImClone stock that she wasn't even convicted of (She was convicted of lying to investigators)?

The amount of money was so small and the whole media frenzy amounted to nothing more than blood-thirsty opportunists relishing the chance to destroy someone they didn't like -- I wouldn't be the first to suggest that sexism played a huge role in the crucifixion of Martha Stewart.

Here are some scandals that I would argue could replace Stewart for the number 10: The collapses of Refco or Global Crossing, the student loans scandals, and the subprime crisis. What are some 21st century scandals that you think could have made the list?

Analyst upgrades 3-27-07: Urban Outfitters, Chico's FAS & Martha Stewart upgraded today

MOST NOTEWORTHY: Chico's FAS, Inc (CHS), Live Nation (LYV) and Clear Channel Communications, Inc (CCU) were some of today's notable upgrades:
  • Friedman, Billings, Ramsey upgraded shares of Chico's FAS Inc (NYSE: CHS) to Market Perform from Underperform and raised their target to $25 from $17 on valuation.
  • Matrix USA upgraded Live Nation (NYSE: LYV) to Hold from Sell on valuation.
  • Sanders Morris upgraded Clear Channel Communications (NYSE: CCU) to Hold from Sell, as the firm believes the disapproval by holders to sell the company will result in shares trading in the $34-$37 range.
OTHER UPGRADES:
  • Lehman upgraded PPL Corp (NYSE: PPL) to Overweight from Equal-Weight.
  • Friedman, Billings, Ramsey continued to recommend shares of Urban Outfitters, Inc (NASDAQ: URBN) with an Outperform rating as the firm has seen consistent progress at both the company's divisions throughout March. Friedman added Urban Outfitters to its Top Picks list.
  • JP Morgan raised Sonic Corp (NASDAQ: SONC) to an Overweight rating from Neutral, and believes shares have priced in softer Q2 sales that were pre-announced late-February.
  • Goldman Sachs upgraded the Mortgage Insurance sector to Neutral from Cautious.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

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